Niall Ferguson, Flying Scotsman | GoodFellows

Is Indian Prime Minister Narendra Modi’s embrace of his Russian and Chinese peers a mere signal of his displeasure with American tariff policy, or the beginning of a deeper geopolitical realignment? Hoover senior fellows Niall Ferguson, John Cochrane, and H.R. McMaster discuss the significance of Modi’s summitry with Vladimir Putin and Xi Jinping. This leads into a broader conversation about Ukraine’s durability (with Niall soon to visit Kyiv), as its conflict with Russia becomes a predominantly drone war. Also discussed: the question of power-wielding in Washington—the American president derided as a modern-day fascist for his use of executive authority; the differences between Trump Derangement Syndrome in the past versus the present; the Federal Reserve’s independence (and sprawl); plus the merits of the federal government taking a 10% equity stake in chip manufacturer Intel. Finally, some bad news for our London fans: While the GoodFellows will be gathering in the UK’s capital city, there are no plans for a rooftop concert à la the Beatles atop their Apple Corps building. Subscribe to GoodFellows for clarity on today’s biggest social, economic, and geostrategic shifts — only on GoodFellows.

What inspires a young boy to dream about a career in the US Army and then, after graduating from West Point, manage to prepare for—and survive—combat? In a “solo” installment of GoodFellows, Lt. Gen. H.R. McMaster, Hoover’s Fouad and Michelle Ajami Senior Fellow, a former national security advisor to the president, and a highly honored combat veteran, discusses his childhood in Philadelphia, the inspiring figures he encountered during his Army years, his roundabout journey to becoming an armor officer, lessons from tank battles in the Middle East, and the importance of faith. He also describes a post-service life in California, where, ironically, an Army man makes sense of world affairs while chillaxing on a paddleboard. Also joining the show: Katie McMaster, who recounts how she and her husband met (it was love at first sight), the challenges of being a military spouse, the day H.R. said goodbye to his head of hair (he shaved his head at her insistence), plus her ongoing campaign to spare her Orange County neighbors from the blare of H.R.’s favorite tunes.  Subscribe to GoodFellows for clarity on today’s biggest social, economic, and geostrategic shifts — only on GoodFellows.

What to expect from this week’s Putin–Trump summit in Alaska? Hoover Institution Director and former US Secretary of State Condoleezza Rice—no stranger, she, to engaging in statecraft with Russia’s enigmatic president—joins GoodFellows regulars Niall Ferguson, John Cochrane, and H.R. McMaster for a spirited conversation about Vladimir Putin’s motives (is the summit only for domestic Russian consumption?), how to characterize the present US-Sino competition (Secretary Rice tossing cold water on “Cold War 2”), plus the sensibility of the Trump administration’s threats to withhold federal research funds from leading universities in order to change campus cultures. Following that, Sir Niall recounts his recent sit-down with Argentinian president Javier Milei (is that nation’s “vibe shift” real or contrived?); and tariff-agnostic John Cochrane assesses the progress of the Trump administration’s ever-evolving trade strategy. Finally, the three panelists discuss the recent 80th anniversary of the only wartime use of atomic weapons and the importance of its annual remembrance.

How does a young Scotsman go from struggling actor and failed politician to internationally acclaimed (and knighted) historian? In a solo installment of GoodFellows, Sir Niall Ferguson, Hoover’s Milbank Family Senior Fellow, discusses his academic journey, fellow historians he admires, keys to successfully multi-tasking through life, plus how he and his spouse, Hoover Research Fellow Ayaan Hirsi Ali (who also appears in this episode), are raising their two sons. Also discussed: Sir Niall’s newfound passion for sailing, his non-Scottish attitude toward golf and fishing, why he doesn’t see retirement as a viable lifestyle, plus the pride he takes in a music legend recently lauding him as the “Jimi Hendrix” of his profession.   Recorded on July 30, 2025. Subscribe for clarity on today’s biggest social, economic, and geostrategic shifts — only on GoodFellows.

In contrast to the 20th-century bosses of industry who ran America’s big cities, New York City seems poised to elect an unabashed socialist with dreams of government-run bodegas, rent freezes, and wealth redistribution. Rick Caruso, noted Los Angeles real estate developer and possible political candidate in 2026, joins GoodFellows regulars and Hoover senior fellows Niall Ferguson, John Cochrane, and H.R. McMaster to discuss the future of America’s big cities—whether his other major cities will follow Gotham’s lead, plus how to bring needed change to municipalities notoriously averse to innovation (and in LA’s case, a city perhaps unprepared for the 2028 Summer Olympics).  The three fellows next reflect on the Ukraine-Russia conflict, now entering its 42nd month with no end in sight, then engage in a “lightning round” that touches on Harvard’s reported desire to create a Hoover Institution of its own; Hunter Biden’s skewed take on illegal immigration; the Epstein scandal’s effect on the MAGA movement; plus a “heated” debate over why Sir Niall and his countrymen choose to live without air conditioning.  Recorded on July 22, 2025. Subscribe for clarity on today’s biggest social, economic, and geostrategic shifts — only on GoodFellows.  

How does a promising young scholar go from dreams of designing glider planes to the study of physics and then on to a celebrated career as one of the world’s foremost monetary economists? In a “solo” installment of GoodFellows, John Cochrane—Hoover’s Rose-Marie and Jack Anderson senior fellow and coauthor of the newly released Crisis Cycle: Challenges, Evolution, and Future of the Euro—discusses his academic journey, his mentors, and the fellow economists who’ve inspired him along the way; his ongoing concerns with inflation and debt; plus his interest in penning a follow-up to Milton Friedman’s Free to Choose. Later, John takes part in a “Herbert Hoover Questionnaire,” in which he details proper airplane etiquette (if you occupy the window seat, raise the shade!), describes the virtues of his beloved family dog, and extols the culinary skills of his wife (author Elizabeth Fama, who makes a cameo appearance at the show’s end for the couple’s 39th wedding anniversary).

US forces launched bomb and missile strikes against Iranian nuclear facilities, followed soon by an Iran-Israel ceasefire and the beginning of what could be a diplomatic realignment across the Middle East. The GoodFellows regulars and Hoover Senior Fellows Niall Ferguson, John Cochrane, and former White House National Security Advisor H.R. McMaster discuss the collateral impact of the Trump administration’s move against the Iranian regime. The fallout includes: a possible expansion of Abraham Accords participants (as the Gulf States help Iran pursue a more peaceful nuclear program); NATO members willing to invest more in military readiness; the media’s second-guessing the effectiveness and wisdom of the B2 sorties; plus what message Trump’s use of military might—as opposed to revolving-door diplomacy—sends to the world’s various mischief-making capitals (Beijing, Moscow, and Pyongyang). Recorded on June 27, 2025. 

Israel launches air attacks intended to destroy Iranian nuclear and ballistic missile capabilities, Iran retaliates with missile strikes on Israeli cities, and the world waits to see what comes next – a return to the status quo, neighboring countries drawn into the conflict, or an end to the Iranian theocracy? GoodFellows regulars and Hoover senior fellows Sir Niall Ferguson and former White House national security advisor Lt. Gen. H.R. McMaster discuss whether the Israeli goal of ending Iran’s nuclear ambitions is possible without U.S. assistance, how President Trump might respond if asked to directly engage, if the conflict will expand beyond the present bilateral exchanges, plus the outcome of regime change in a culturally diverse Iran (a peaceful transition or Libya 2.0?). After that: in honor of the 250th birthday of the United States Army, H.R. shares the thoughts of a fellow American general tasked with winning a war for liberty.

Is China hell-bent on a move against Taiwan, or does its saber-rattling not square with a military capability that’s perhaps overestimated? Frank Dikötter, a Hoover senior fellow specializing in the history of modern China, joins Hoover senior fellows Niall Ferguson, John Cochrane, and Lt. Gen. H.R. McMaster to discuss his reading of China’s desire and ability to project power, including its manufacturing capability and its suppression of individual liberties, plus the durability of Xi Jinping’s rule. Recorded on May 23, 2025.

America and China take a 90-day time-out in their dispute over tariffs; President Trump’s tour of the Middle East—the first overseas trip of his second term—raises unsettling questions about both his regional strategy and his family’s business dealings; and hostilities between nuclear-armed India and Pakistan raise questions of behind-the-scenes great-power machinations amidst “Cold War 2.” Hoover senior fellows Niall Ferguson, John Cochrane, and Lt. Gen. H.R. McMaster discuss what’s at stake in these various parts of the globe. After that: the three fellows debate the severity of Chinese espionage in America’s universities; and how AI’s ability to shortcut the learning process will impact the future of higher education.    Recorded on May 14, 2025.